New York Stocks Mixed in Early Trading Across Sectors
Nationwide composite prices list Abbott L at 84 with 32% change, Amex units like AmCan 280 and Exxon 3.60 show sizable moves. Large caps such as Dow Jones components Hewlett Packard and Exxon display notable net gains amid a broad price spread across industries.
MENTIONED IN THIS ARTICLE
United Press International
Abbottl
Amt&t
Ametek
Ampex Coll
Amstor
O— 'E Armco
Asarco
Ashinol Amrchf
Atlas Corp
Avco Corp
Avnetinc
Bongorp
Bakam
Boei
BoiseCo
E— Borden
BorgWorn
Broniff
Briggs
Brunswk
Bucyrus
Bulova Wch
P-Ethois
AdobeOi
Apetrol
Dow Jones Stocks Snapshot From United Press International
The Dow Jones index readings show declines across key components with minor losses. Trading at 816.70, the average slipped 0.04 points while broader indicators fell about 0.17 percent.
MENTIONED IN THIS ARTICLE
United Press International
Ind
A.m
Market Notes From New York Trading Desk
Standard Poor's hourly indexes for Thursday show mixed movements with utilities edging higher. PrevClose figures are listed alongside current values, indicating modest shifts in several sectors and commodity standpoints.
MENTIONED IN THIS ARTICLE
New York
Wheat and grain prices reported for Chicago market
In Chicago, wheat No 2 hard red winter 3.4934n on Thursday and No 2 soft red winter 3.8434n. Corn No 2 yellow 2.35'2n and 2.30'2n for hopper and box. Oats No 2 heavy 1.45'4n. Soybeans No 1 yellow 7.20n.
MENTIONED IN THIS ARTICLE
Chicago
Gold hits new high as dollar dips worldwide
Gold rises to a fresh record at $254 an ounce in London as the dollar weakens in Tokyo and Europe, with Zurich posting $253.50 and the pound around $2.01. Dealers note the market is nervous and uncertain amid oil and currency fluctuations.
MENTIONED IN THIS ARTICLE
London
Tokyo
Zurich
U.S
James Schlesinger
Frankfurt
Paris
Amsterdam
Milan
Cedar Rapids hog cattle and sheep markets report steady prices
The Cedar Rapids hog market held steady with butchers and packers steady to 550 lbs and sows over 550 lbs. at 45.00 to 46.00 dollars. Butchers 230-260 lbs. saw reductions up to 1.00 per 10 lb increments. packers faced 0.25 to 1.00 cuts by weight. Steers 1,000-1,200 lbs. sold 60.00 to 62.00 and heifers 900-1,050 lbs. 58.00 to 61.00. Sheep priced steady with lambs 70.00-72.00 for shorn and 66.00-70.00 for wool lambs. lambs over 105 lbs. discounted.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Midwest Beef and Pork Markets See Limit-Highs and Slower Trade
Des Moines reports mixed livestock action as aidwest meat trade slows Thursday. Beef demand remains fair with choice steer and heifer prices 92.25 to 95.50 and 89.50 to 94.50, while cows stay steady to 1 lower. Pork alike shows slower demand with numerous price adjustments across loin, Boston butt, ham, and other cuts, including 14 to 17 lb loins at 106.00 to 107.00 and 20 lb loins up to 83.50.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
fAidwest
Boston Butts
Federal State Market News Service
Government pledge aids stock prices
New York stocks and the dollar firmed after Treasury Secretary Blumenthal pledged administration support for the dollar. The Dow rose to 816.78 around 1:15 p.m. EST, with advances outweighing declines 694 to 516 among 1,691 NYSE issues.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Treasury
W. Michael Blumenthal
New York Stock Exchange
AMC to offer first four wheel drive passenger car in six months
Detroit AP report says American Motors Corp will release the nation's first four wheel drive passenger car within six months and will expand Jeep production amid rising Jeep sales. The company notes its U.S built car share remains under 2 percent as demand weakens.
MENTIONED IN THIS ARTICLE
Detroit
American Motors Corp
U.S
AMC
Jeep
National magazine to spotlight Iowa development effort
Iowa leaders gathered at the Des Moines Club to promote a June 11 Business Week feature about Iowa. Iowa Development Commission officials and Business Week reps outlined aims to attract new business and jobs, with the section reaching about 310,000 U.S. executives and 60,000 overseas subscribers.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Des Moines Club
Ryan
Iowa Development Commission
Assembly
Business Week
Development Commission
Moss
Ray
Top Management
Hog Market Steady Demand Lifts Butchers in Des Moines
In Des Moines Iowa the hog market shows slow trade and good demand with butchers stronger by as much as 50 cents. Prices for No 1-3 200-230 lb butchers 53.00 to 54.50, 230-250 lb 52.75 to 54.00, No 2-3 250-270 lb 51.25 to 53.50, 270-300 lb 49.00 to 52.00, and No 1-3 270-300 lb sows 45.00 to 47.50. Estimated receipts 60 000 with Wednesday actual 71 000 and prior weeks 65 000 and 73 000.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Hiawatha council approves first-budget action for 1979-80
Hiawatha City Council grants preliminary approval to a 1979-80 budget of 828350 dollars with a March 7 public hearing. The session focused on sewer fund allocations and a proposed rise in sewer rentals to 60 percent of water bills. The plan includes a 141871 tax raise and a 22 percent residential assessment devaluation under the statewide equalization plan. The Boysen Road and Chaffee Drive projects were discussed with cost shares detailing city Linn County and property owner assessments.
MENTIONED IN THIS ARTICLE
Hiawatha
Cedar Rapids
Archie Conklin
Boysen Road
Chaffee Drive
Highway 150
Robins Road
Linn County
City Briefs Highlights And Local Ads On Page Four
Sapadapaso briefs run on page 4A with small items and ads. Promotions include Ted's Happytime motto First last and always Erin Go Bragh. Local eateries advertise home smoked ribs open for carry out Fridays and Saturdays until midnight.
MENTIONED IN THIS ARTICLE
Sapadapaso
Ted
Erin Go Bragh
Adv
Compromise Amendment Offered On Budget Measure
Iowa House weighs a compromise to balance the federal budget by July 1 1980. The plan would prompt Congress to initiate amending procedures and, if needed, call a constitutional convention limited to the budget issue. Rep John Clark faces GOP criticism as Frank Crabb backs passage and Senate consent.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
House of Representatives
Senate
House
John Clark
R-Keokuk
Congress
U.S
Frank Crabb
R-Denison
Chicago market dairy and eggs price report
Chicago produce prices from USDA show butter steady at 111.30 for both 93 and 92 scores. Egg prices to delivery and retailer cartons hold at extra large 67-70, large 66-68, mediums 63-65.
MENTIONED IN THIS ARTICLE
Chicago
UPI
USDA
Bridge Mitchell movement winners named at YWCA
Competition bridge results at the YWCA list North south Lydia Leipold and Dick Moenk first with Shirley Moore and Bil Dare second. East west Ruth Helm and Jim On first with Mr and Mrs Paul McGaffie second. Next game is Wednesday at 7 30 p m at the YWCA.
MENTIONED IN THIS ARTICLE
Mitchell
YWCA
Lydia Leipold
Dick Moenk
Shirley Moore
Bil Dare
Ruth Helm
Jim On
Paul McGaffie
Grain Prices Fall on Cedar Rapids Market Listings
East Iowa soybeans and corn prices declined on Thursday morning at Cedar Rapids processors with No. 2 corn values for February through new crop ranging from 2.16 to 2.205 dollars and white corn around 2.76 to 2.81 dollars. Soybeans traded at 7.02 to 7.22 dollars for February to April and 6.53 dollars for new crop with oats at 1. SR quotes supplied by Pro Farmer Grain Cedar Rapids.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Pro Farmer Grain
Ephone
Webster City Livestock Slips With Mixed Hog Trade Figures
UPI report from Webster City notes hogs at 650 head with moderate trade and good demand. No. 1-3 240 lb butchers 4.25 to 4.75, 280 lb 3.75 to 4.00, 280-300 lb 2S 3.00 to 3.25, 300-350 lb 4.90 to 5.00, No. 1-3 300-700 lb sows 4.80 to 4.85. Cattle market quiet. Also notes Lana Turner birthday on this date in 1921.
MENTIONED IN THIS ARTICLE
Webster City
UPI
Also Mentioned on This Page
Ltv Corp
Sauvord
Dravo
Hallibin
Duke
Heinz HJ
Man Life
Es Pennpl
CBS
EastmKo
Pennzoil
Tudew
UN Co
Ve Foberge
Meadc
TexUtil
Chrysler
FairCam
Medenco
ProcterGe
Textron
CinGas
Faircind
Tidahop
Merck
E Pascol
IdegiBo
MerrilLy
Pse&g
Thrifty
Citicorp
Farah Mfg
Pwr
MGM
Pullma
Timken
Transom
M &M2
Inexco
Mobil
Flintkt
Mohasco
Trinityind
CocaCol
Ralston
Monson
Raopida
Twcf
Colgate
Morgaj
Rathon
U— Col Gas 244
FordMo
UAL Incrp
Frmck
Intit&t
Motoria
Ltek Corprin
UnElec
Va . Reyind
Unocal
Cine Jantzen
E JohnMv
Uniroy! Inc
Gam Sk
E Jonsn&Jsn
Gannett
NotAirin
GnElec
KaiserAlu
NatSteel
RoperCp
ContTel
Notom
RoyviCr
UnitTel
Roynd
Upjohn
NewPower
SafwStr
StuMar
Crane
Gpubu
Kenmet
A Nlindu
StRegis
Va Crownz
GnStee
Kencott
Norfkww
Cyprus
Scherngo
Kiddew
Schimb
Walgrn
OonRive
S K Mort
NwBcp
ScottPap
Eee
DonoCp
Gerber
KnightRi
NortonSi
Seogrm
Sears
Weponc
DoyPet
Gillette
Kroftin
Union
Deere
Global Mor
Kroger
SingerCo
Tve
Dennisn
Goodyr
LeorSieg
Okiage
Smithk
Everhas
DetEdis
Grocen
LeeEnto
DieShm
Gta&p
OlinCorp
SoClEd
Diebold
Gtnonk
Tof
SouthCo
Gwsfni
LiggGrp
Sia
Litton Indus
Williamsc
Lockheed
Xerox
Amex
Boston
Cincinnati
p-Pacific
U- Midwest
Philadelphia
BroscanLt
Hm Crown
Felmont
McCulich
Mitchie
Standard & Poor's Index
United Press International Company
Goodyear Cdaq
Ingersoll Rand
Mercantile Texas
Monarch Moch
Murphy
Rexnord Inc
Thomas & Betts
Monarch Machine Tool
Winston Network Inc
Postock
Prime Computer Inc
Adams-Mills
Allied Mainz
Bangor Punto
Belden Core
Borman’s Inc
Cent Data
Consumers Gas
Corning Glass
Cubic Corps
Rad Oods
Hanna Mining
Lone Bryant
RB Industries
Scovill Mtg
Weno Ia
Stone Inc
Am Seong
Ins
Fund Am. Rein %Sey
Archer Danie
Banks of
Mia Mie Hi
Keuffe
Esser
Kidde
Dasrice
Guaranty
Sol Foods
C.R. Markets
Shearson Hayden Stone Inc
U.S. West North Central States
Lowa Farm
National Magazine
Leonard W. Moss
International
James A. Anderson
Hiawatha Council
Jack Shepherd Auction Company
Wina Radarange
Crabb
Theraeys
Bob
East
Webster City Livestock
Lanaa Turner
E. Cohn & Sons
9Th Ave
3Rd St
Klinger
3Rd Ave
Lopen
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